Loan Opener Job Yonkers area,New York USA,Finance & Banking

The Mortgage Loan Setup Specialist streamlines the front end of the mortgage process by completing all third‑party order-outs, verifications, initial disclosures readiness, and pre-processing file scrubs. This role ensures files are accurate, compliant, and fully documented so they can move quickly from application to processing/underwriting.

Key Responsibilities

Third‑party orders and verifications
Order Evidence of Insurance (EOI), Replacement Cost Estimator (RCE), and insurance invoices
Obtain Written and Verbal Verifications of Employment (WVOE/VVOE)
Request Verifications of Mortgage (VOM) and Verifications of Rent (VOR)
Order IRS tax transcripts (4506‑C) and credit supplements
Secure collection and debt payoff statements
Order appraisal through approved AMCs
Pull flood certifications
Run Data Verify (or equivalent) reports
Validate property address via USPS HOA/condo and insurance documentation
Obtain Master Insurance and HOA certifications/questionnaires
Coordinate condo project review/approval as required (agency/investor)
Title and payoff coordination
Request title work and manage title/escrow contacts
Order mortgage payoffs and confirm demands align with closing timelines
Compliance and disclosures readiness
Prepare/mark files Ready to Send (RTS) for initial disclosure documents
Confirm data integrity for TRID‑related fields prior to disclosure issuance
File setup and data integrity
Perform pre‑processing loan scrub; resolve data gaps and condition placeholders
Complete and maintain accurate file contact details
Enter and update loan scrub notes for downstream teams
Rename/index documents to loan stacking order and LOS standards
Pull and verify flood, USPS, and data‑validation outputs
Ensure all order‑outs are tracked to SLA and follow up to clear exceptions

Skills Knowledge and Expertise

1–3 years of mortgage operations experience in loan setup, disclosures, or processing (preferred)
Strong working knowledge of:
Order‑outs: EOI, RCE, WVOE/VVOE, VOM/VOR, credit supplements, transcripts (4506‑C), flood certs, appraisal ordering, title requests, payoffs HOA/condo documentation (master insurance, HOA certs, condo project eligibility) TRID/ECOA basics and initial disclosure readiness requirements Loan Origination Systems (e.g., Encompass, ICE), appraisal and credit bureau portals, Data Verify (or similar), flood vendors, USPS tools
High attention to detail with excellent document indexing and data-entry accuracy
Strong time management; able to prioritize multiple files and meet SLAs
Clear written and verbal communication with borrowers, lenders, title/escrow, HOAs, AMCs, and insurance agents
Problem-solving mindset to resolve documentation gaps and exceptions quickly
Proficiency with spreadsheets and checklists for pipeline tracking and follow‑ups

Benefits

Above market salary
HMO with free dependent
Paid leave incentives
Performance based Incentives
Quarterly Company Events
In‑depth training for career growth
Great Company Culture and HR experience